M&As to Rise, Fueled by Compliance, Soft Market, But Giants Still Raking It In

Higher compliance costs and sluggish industry growth are contributing to a recent resurgence in merger and acquisition activity among smaller mutual fund companies, according to senior members of the $8.1 trillion industry.

But despite the further shake-up that looms on the horizon, bigger fund firms are still raking in profits, fund executives told Financial Times last week.